The HS Code 22029037 refers to mixed fruit or vegetable juice (other than orange) that is fortified with vitamins or minerals and is not concentrated. This code is used to classify and regulate the import and export of this specific product.
The quantity unit for this product is liters (L), which means that the volume of the juice is measured in liters. This unit is important for determining the quantity of the product being traded.
When it comes to the duty rates, the bound / MFN (Most Favored Nation) duty rate is the rate applicable to the natural juice in heading 2009. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate ensures fair and equal treatment for all trading partners.
However, there are special tariff preference programs available for this product. Countries like Bahrain, Canada, European Union (EU), Israel, Japan, Jordan, Morocco, Mexico, Oman, Peru, Singapore, and others offer duty-free treatment for this product under various trade agreements. For example, NAFTA provides duty-free treatment for Canada and Mexico, while the Caribbean Basin Initiative (CBI) and the Andean Trade Preference Act (ATPA) offer preferential rates for certain countries in the Caribbean and Andean regions.
It is important to note that there are certain countries excluded from GSP (Generalized System of Preferences) eligibility for this HTS (Harmonized Tariff Schedule) subheading, which means they do not receive duty-free treatment for this product.
When it comes to the importing and exporting states in the United States, the following states are involved:
These states are involved in the trade of HS Code 22029037, either as importers or exporters of the product. The trade between these states contributes to the overall import and export activity of mixed fruit or vegetable juice fortified with vitamins or minerals.
HS Code 22029037 is used to classify and regulate the trade of mixed fruit or vegetable juice (other than orange) that is fortified with vitamins or minerals and is not concentrated. The duty rates, special tariff preference programs, and the involvement of specific importing and exporting states all play a role in the trade dynamics of this product.